Mathematics, 17.03.2020 07:20 joynerjaila
A company gives each worker a cash bonus every Friday, randomly giving a worker an amount with these probabilities: $10 0.9, $50 0.1. Over many weeks, what is a worker's expected weekly bonus?
( i already have my answer but i wasn't sure if it was right or not)
(10 + 50) / 2 = $30
10Γ0.9 + 50Γ0.1 = $14
(10Γ0.9 + 50Γ0.1) / 2 = $7
(10 + 50) / 10 = $6
Answers: 2
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